The ASX has communicated to all market participants of an industry-wide ASX settlement failure that occurred on Friday the 20th of December. This failure has meant that CHESS was not able to complete market settlement on Friday and has deferred settlement to Monday the 23rd of December. For those clients who had sell trades settling on Friday we have ensured those sale proceeds have been made available to you for trading on Monday. Stock delivery for clients who had buy trades settling will need to wait until Monday before the shares become available to sell. We apologise for any inconvenience this ASX outage has caused.
What documents do I need when opening an Australian Company or Organisation nabtrade account?
To open an Australian Company or Organisation account you will need to provide the following the information when completing the application form:
- Company/organisation name
- Industry Classification (Australian law requires all financial institutions to collect information about your industry category and type)
- Australian Business Number (ABN) and, or Australian Company Number (ACN)
- Tax File Number (TFN)
- Your company’s registered office, principal place of business, and mailing address
- For each company director: their full name, date of birth, address, contact details and a valid email address.
